Common use of WORK PERIOD AND OVERTIME Clause in Contracts

WORK PERIOD AND OVERTIME. Section 8.1: Under the 7(k) provisions of the Fair Labor Standards Act, and for the purposes of computing and paying overtime, a work period of fourteen (14) consecutive days not to exceed eighty (80) hours, is established. Nothing herein shall guarantee any employee payment for the 80 hours unless they actually work said hours. For the purposes of this Agreement, paid vacation leave and bereavement shall count as hours worked, whereas sick leave, which occurs within twenty four (24) hours of claimed overtime shall not count as time worked for computation of overtime pay. Overtime pay shall be paid at the premium hourly rate of pay for all hours beyond an employee’s normal daily work schedule except as noted in 8.1 (b) and 8.1 (c) below and shall be for one and one-half (1.5) times the basic hourly rate for every hour worked. An employee’s basic hourly rate shall be computed by dividing the employee’s annual salary by the total hours scheduled in a year (2,080). An employee’s premium hourly rate is the basic hourly rate plus the following:

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, www.cohb.org

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